CLS Holdings plc

(the "Company")

Completion of acquisition of a portfolio of twelve properties in Germany

Further to the announcement made on 14 June 2017 regarding the exchange of contracts to acquire a portfolio of twelve properties in Germany for cash consideration of €148 million (£135 million) (the "Acquisition"), the Company confirms that the Acquisition has now completed.

For further information, please contact:

CLS Holdings plc     
www.clsholdings.com   
+44 (0)20 7582 7766
Fredrik Widlund, Chief Executive Officer
John Whiteley, Chief Financial Officer

Liberum Capital Limited
+44 (0)20 3100 2222
Richard Crawley

Jamie Richards

Panmure Gordon (UK) Limited
+44 (0)20 7886 2500
Dominic Morley
Andrew Potts

Elm Square Advisers Limited   
+44 (0)20 7823 3695
Jonathan Gray

Smithfield Consultants (Financial PR) 
+44 (0)20 3047 2476
Alex Simmons